BP'ers
I have a very basic question on the 1031 rule as I have never completed this type of transaction.
To set the stage, I am currently growing my rental portfolio with the goal of getting 3 additional propertie...
Hello there BP! I am in need of a 1031 Exchange Mentor. We (my wife and I) have a property in WA state where the assessment has cut out almost all of our cash flow that we had. Also, the market is so hot that we are...
Hello, I’m looking to sell a rental property and exchange into another rental property in a future retirement city. After renting the replacement property for two years live in it as personal residence for 3-5 years...
We're in the process of doing our second 1031x this year (shoutout to Dave Foster for keeping up with all my newbie exchange questions).
I have an offer in on a duplex in northern Colorado. Anyone have any experience...
As I understand it when purchasing a "replacement property" via a 1031 exchange, prorated rent, HOA and specifically property taxes should not be paid with the proceeds of the relinquished property. However what about...
We own two rental properties, both are SFH, one of them I have a 300k loan at 2.65% and rented at $4100/m, my cost all in is $3200/m. In the past year I've had two families moving out early, and about a call once a mo...
Hi all - I have an out of state property I purchased in Dec 2021 (less than two years of ownership) using a second home loan. It was purchased with the intention of being a second home as I have family in the area, bu...
Hello All - have a few quick questions about DSTs for 1031 exchanges.1. Does the specific DST property or DST company need to be identified within the 45 days on the replacement property form? 2. Can you exchange ...
Just got notice that our renters are moving out in Port Hueneme, CA.
Approx $300k in equity and the goal has been to 1031 exchange into a comercial property ~$1M.
Given all the uncertaintity with the current pand...
Hi, want to put part into 1031 and part not. Was thinking of doing two transactions. Some have a big gain. Those go to 1031. Others have smaller gain. Those not into 1031 so we can have some free and clear money. Wi...